Warren Buffett's Recommendation: Investing in S&P 500 Index Funds
- 1Warren Buffett stated at the 2021 annual shareholder meeting that the best method is to own an S&P 500 index fund.
- 2Investing $400 every month could result in an expected value of $820,000 after 30 years if dividends are reinvested.
- 3The Vanguard S&P 500 ETF maintains a very low expense ratio of 0.03%.
So what's the key point?
Warren Buffett said that investing in an S&P 500 index fund is the best approach. This means that investing $400 every month could grow into a large sum of money after 30 years.
Source The Motley Fool +1 · View original ↗
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